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Salmon Evolution seeks staff after £4.5m funding round

Ingjarl Skarvøy becomes Salmon Evolution's COO as the company moves into the first construction phase. Photo: Salmon Evolution.
Ingjarl Skarvøy becomes Salmon Evolution's COO as the company moves into the first construction phase. Photo: Salmon Evolution.

Salmon Evolution, which plans to produce 28,800 tonnes of salmon per year on a land-based farm in Norway, has started recruiting after raising NOK 50 million (£4.5m) through a private share placement to fund its first construction phase.

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One of the founders, former SalMar regional manager Ingjarl Skarvøy, has led the company in the initial phase and is now moving into a role as chief operating officer to safeguard and ensure quality on the operational side. Skarvøy leads the organisation until a new chief executive joins.

“I see it as natural that I take responsibility for the construction of the operational part of Salmon Evolution where I have my expertise,” said Skarvøy.

Stable production environment

“Producing salmon on land is about taking technology choices that will provide the most stable production environment for the fish and a predictable operation,” said chairman Kristofer Reiten, the co-owner of Salmon Evoltuion’s principal shareholder Romsdalfisk AS.

“We are therefore very pleased that Ingjarl Skarvøy will take over the key role as COO.”

Salmon Evolution has been given planning permission to build the NOK 3 billion (£27m) farm in Fraena, northern Norway, and has chosen to use chosen a flow-through system and CO2 aeration.

“Alongside our unique location with access to unlimited seawater, this is the main reason why we can now pick up the pace into the next phase. We call this ‘sea-based aquaculture on land’,” said Reiten.

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